Life Healthcare Group Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Life Healthcare Group Holdings has a total shareholder equity of ZAR12.4B and total debt of ZAR4.1B, which brings its debt-to-equity ratio to 33.1%. Its total assets and total liabilities are ZAR31.0B and ZAR18.6B respectively. Life Healthcare Group Holdings's EBIT is ZAR2.4B making its interest coverage ratio 6.8. It has cash and short-term investments of ZAR10.1B.
Key information
33.1%
Debt to equity ratio
R4.12b
Debt
| Interest coverage ratio | 6.8x |
| Cash | R10.15b |
| Equity | R12.43b |
| Total liabilities | R18.60b |
| Total assets | R31.03b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: L53's short term assets (ZAR14.8B) exceed its short term liabilities (ZAR14.2B).
Long Term Liabilities: L53's short term assets (ZAR14.8B) exceed its long term liabilities (ZAR4.4B).
Debt to Equity History and Analysis
Debt Level: L53 has more cash than its total debt.
Reducing Debt: L53's debt to equity ratio has reduced from 106.6% to 33.1% over the past 5 years.
Debt Coverage: L53's debt is well covered by operating cash flow (110.7%).
Interest Coverage: L53's interest payments on its debt are well covered by EBIT (6.8x coverage).